INVESTOR ALERT! This property has BIG potential for buyers looking for development or more..... The lot measures 160 feet in frontage by 120 feet in depth and is currently zoned RS-1 which allows for single family residential development. However, the Official Community Plan (OCP) supports a range of zoning options, including R1, RT-1 (Duplex), RT-2 (Triplex), CD-1-93 & RS-1B which provides significant development potential. In addition to huge opportunity, the character home is well kept and updated. Property has detached double garage with an RV bay, cleanout + storage room. Live, Enjoy, Hold, Rent or Develop, the possibilities are endless.
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
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Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
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Welcome to 20138 Lorne Avenue, a beautiful property in the heart of Maple Ridge, BC! As your trusted realtor, I'm excited to share with you the unique features and benefits of this charming home. With its prime location and excellent amenities, this property is sure to impress.
Let's start with the schools. Hammond Elementary School is just 0.9 km from this stunning home, and it boasts a rating of 6.9/10. Families love this area because of its excellent education system, and Hammond Elementary is no exception. Plus, there are plenty of other top-notch schools in the area, including MEADOW MONTESSORI, a highly-rated independent school just 0.99 km away, and Maple Ridge Christian School, a secondary independent school with a rating of No Rating, located 2.14 km from this home.
Now, let's talk about crime rates. According to Statistics Canada's 2020 report, the neighbourhood surrounding 20138 Lorne Avenue has an overall crime rate of 10,310.11, which is above average compared to other Canadian cities. However, it's worth noting that the year-by-year change in the total crime rate is -13.72%, indicating a downward trend. Additionally, the drug crime rate is above average, with a rating of 361.76, and the property crime rate is average, with a rating of 3,824.61. There were 332 illegal substances lawbreaking disturbances in the neighbourhood in 2020, and the year-by-year change in the illegal substances offences ranking is -23.47%. While crime rates are an important consideration, it's essential to remember that this neighbourhood is generally considered safe, and the local police department works hard to keep the community secure.
When it comes to demographics, this neighbourhood is a great place to live. With a median household income of $86,080, it's above average compared to other areas in BC. Additionally, the median personal income is $37,986, which is also above average. The percentage of households with a mortgage is 73.1%, which is high, indicating a strong sense of community and investment in the area. The unemployment rate is 5.1%, which is low compared to other provinces. This neighbourhood is also growing, with a population change of 0.3% between 2011 and 2016, which is average for the region.
In terms of lifestyle amenities, this neighbourhood has plenty to offer. The closest bus station is just 0.26 km away, making it easy to get around without a car. There are also several parks, beaches, and hiking trails nearby, as well as a variety of shops, restaurants, and coffee shops. The average value of dwellings in this neighbourhood is $525,880, which is above average compared to other areas in BC. The average owner payments are also above average, with owners spending an average of $1,512 per month on their dwellings. Tenants, on the other hand, pay an average of $1,058 per month, which is average compared to other cities.
As for transportation, 6% of the population uses public transport, which is below average, while 86.2% use cars, which is average. 0.9% of people use bicycles, and 4.6% walk, both of which are average.
In summary, 20138 Lorne Avenue is a fantastic property in a wonderful neighbourhood. With its excellent schools, safe community, and plenty of lifestyle amenities, it's the perfect place to call home. Whether you're a family looking for a great education system or a professional seeking a convenient location, this property has something for everyone. So why wait? Contact me today to schedule a viewing and make this amazing property yours!
MLS® R3009917 - 20138 Lorne Avenue, Maple Ridge, BC
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